Promoter in Securities Kickback Scheme Barred From Penny Stock Offerings
March 05, 2018
March 05, 2018
WASHINGTON, March 5 -- The Securities and Exchange Commission issued the following litigation release:
A federal court has barred the promoter in a securities kickback scheme from participating in penny stock offerings for the rest of his life.
According to the SEC's complaint (https://www.sec.gov/litigation/litreleases/2011/lr22177.htm), filed in December 2011, Edward Henderson was one of several individuals charged with engaging in a scheme to trigger investments . . .
A federal court has barred the promoter in a securities kickback scheme from participating in penny stock offerings for the rest of his life.
According to the SEC's complaint (https://www.sec.gov/litigation/litreleases/2011/lr22177.htm), filed in December 2011, Edward Henderson was one of several individuals charged with engaging in a scheme to trigger investments . . .